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HomeMy WebLinkAbout4-27-2026 Local Board of Appeals and Equalization Meeting April 27, 2026 7:00 PM Fridley Civic Campus, 7071 University Avenue N.E. Minutes Call to Order Mayor Ostwald called the Local Board of Appeals and Equalization Meeting of April 27, 2026, to order at 7:00 p.m. Present Dave Ostwald Ann Bolkcom Luke Cardona Ryan Evanson Patrick Vescio Others Present: Patrick Maghrak, City Assessor Wally Wysopal, City Manager Regular Agenda Items Motion made by Councilmember Cardona to adopt the regular agenda. Seconded by Councilmember Bolkcom. Upon a voice vote, all voting aye, Mayor Ostwald declared the motion carried unanimously. New Business 1. LBAE Resolution No. 2026-01, Approving the Equalization of Assessed Valuations of Real and Personal Property in the City of Fridley Patrick Maghrak, City Assessor, explained the purpose of the meeting, the responsibilities of the Board, and appeal procedures. He presented the 2026 assessment summary. There were no comments from the public. Mr. Maghrak stated that 13 properties reached out to him, noting that the first eight properties on the list were able to resolve their concerns with him, while the remaining five properties wish to preserve their right to appeal. Councilmember Evanson asked about the process that is followed to review and change property values. Mr. Maghrak replied that he tries to walk through the properties. He noted one residential property and Local Board of Appeals & Equalization 4/27/2026 Minutes Page 2 one apartment building that had both recently been sold, including appraisals, and confirmed that the values on those properties were changed to match the sale values. Mayor Ostwald asked how much the decrease in taxes would be for those property owners with the decreased valuations. Mr. Maghrak stated that he would need to estimate that, guessing the decrease for the apartment building would be about $1,000 per year, and the home would be about $300 to $350. Motion made by Councilmember Evanson to accept the revised Exhibit A into the record. Seconded by Vescio. UPON A VOICE VOTE, ALL VOTING AYE, MAYOR OSTWALD DECLARED THE MOTION CARRIED UNANIMOUSLY. Motion made by Councilmember Evanson to approve LBAE Resolution No. 2026-01, Approving the Equalization of Assessed Valuations and Real and Personal Property in the City of Fridley as revised. Seconded by Commissioner Vescio. UPON A VOICE VOTE, ALL VOTING AYE, MAYOR OSTWALD DECLARED THE MOTION CARRIED UNANIMOUSLY. Adjourn The meeting was adjourned at 7:17 p.m. Respectfully Submitted, Melissa Moore Dave Ostwald City Clerk Mayor